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Roults Jean-Francois

jeanfrancoisgroupmgt@gmail.com +1(401) 316-9458

$ 1,350,000

Est. payment -/mo

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Active

28 Riverdale AVE West Warwick, RI 02893

0.64 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Centreville

MLS Listing ID 1400432

HOA Y/N No

Year Built 1991

Annual Tax Amount $14,000

Tax Year 2024

Lot Size 0.640 Acres

Property Sub-Type Commercial

Property Description

This is a great turnkey investment opportunity with a low-maintenance, two-building portfolio totaling 9 units at 28 30 Riverdale Avenue, producing a strong NOI of $123,105. 28 Riverdale is a clean and well-kept duplex tucked toward the back of the lot, offering two 2-bed/1 1/2 -bath units with in-unit laundry, separate utilities, a private deck all overlooking the Pawtuxet River. 30 Riverdale has seven units five 2-bedrooms and two 1-bedrooms and comes with updated features including an up-to-date fire alarm system, lead-safe certificates, and high-efficiency Navien heating systems (installed 2023 & 2024). There's also coin-op laundry in the basement. Tenants cover their own electric, while heat and hot water are included. Both buildings share 14 assigned parking spaces, making this a solid, income-producing property with long-term stability and strong rental appeal.

Location

State RI

County Kent

Community Centreville

Zoning R6

Rooms

Basement Full

Interior

Heating Baseboard, Gas

Laundry Laundry Room

Exterior

Community Features Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Connected, Municipal Utilities, Water Connected, Sewer Connected

View Y/N Yes

View Water

Total Parking Spaces 14

Building

Story 3

Foundation Concrete Perimeter, Stone

Sewer Connected, Public Sewer

Water Connected, Public

Level or Stories 3

New Construction No

Others

Tax ID 2830RIVERDALEAVWWAR

Security Features Carbon Monoxide Detector(s),Fire Alarm,Fire Escape,Smoke Detector(s)

Virtual Tour https://tour.RiLiving.com/28-Riverdale-Avenue-West-Warwick-RI-02893

Listed by SHAWOMET REALTY COMPANY

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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